HomeMy WebLinkAbout063937-A1 - General - Contract - TR 2908 TEX, A protected series of Tan Ru Enterprises LLCFirst Amendment To Contract of Sale And Purchase
CSC No. 56308
FIRST AMENDMENT TO CONTRACT OF SALE AND PURCHASE
THIS FIRST AMENDMENT TO CONTRACT OF SALE AND PURCHASE (this Amendment )
is made and entered into by and between the CITY OF FORT WORTH, a home-rule Municipal
Corporation of the State of Texas, acting by and through its duly authorized City Manager or Assistant City
Manager ("Purchaser") and TR 2908 TEX, A PROTECTED SERIES OF TAN RU ENTERPRISES
LCC, (collectively, the "Seller"), as of the date of both parties execution hereof ("Effective Date").
W I T N E S S E T H:
WHEREAS, Purchaser and Seller entered into that certain Contract of Sale and Purchase dated
September 10, 2025 (the Agreement ) regarding the sale by Seller to Purchaser of approximately 48.60
acres of land with a site address of 5501 Randol Mill Road, City of Fort Worth, Tarrant County, Texas,
76112 in the Agreement; and
WHEREAS, both parties desire to extend out the closing date as laid out in the Agreement.
NOW, THEREFORE, in consideration of the foregoing premises, the mutual covenants herein
contained, and for other good and valuable consideration, the receipt of which is hereby acknowledged,
Purchaser and Seller hereby enter into this Amendment.
1.Recitals. The foregoing recitals are hereby affirmed by the parties as true and correct and
each such recital is incorporated herein by this reference. Unless otherwise defined herein, capitalized terms
used in this Amendment shall have the meanings ascribed to such terms in the Agreement.
2.Section 7 of the Agreement is hereby deleted in its entirety and is replaced with the
following:
Section 7. Closing Deadline
Seller to Purchaser shall occur through the office of the Title Company on or before fifty-
two (52) calendar days after the expiration of the Option Period.
3.General. Except as expressly modified by this Amendment, the Agreement remains in full
force and effect in accordance with its terms. In the event of any conflict between this Amendment and the
Agreement, the terms of this Amendment shall control. This Amendment shall be binding upon and inure
to the benefit of the parties hereto, and their respective successors, assigns, heirs and personal
representatives.
4. Counterparts. To facilitate execution of this the parties may execute this
Amendment in counterpart and exchange signatures by electronic delivery of a PDF copy of the executed
(including by way of DocuSign or other similar electronic signature exchange software), which
PDF copy shall be deemed valid and binding.
[signature page follows]
-2-
IN WITNESS WHEREOF, the parties have executed this Amendment as December __, 2025.
SELLER:
TR 2908 TEX, A PROTECTED SERIES OF TAN RU ENTERPRISES LLC
By:________________________________
Name: Eric Nathman
Title: Manager
Date Executed: ____________, 2025
PURCHASER:
CITY OF FORT WORTH, TEXAS
By: ________________________________
Name: Valerie Washington
Title: Assistant City Manager
Date Executed:____________, 2025
Attest:
_____________________________________
Jannette Goodall, City Secretary
M&C________________________________
Date:________________________________
APPROVED AS TO LEGALITY AND FORM
_____________________________________
Thomas R. Hansen
Assistant City Attorney
Contract Compliance Manager:
By signing, I acknowledge that I am the person responsible
for the monitoring and administration of this contract, including
ensuring all performance and reporting requirements.
_____________________________________
Stuart Young, Assistant Director, Property Management Department Real Estate Division
25-1075
City Secretary’s Office
Contract Routing & Transmittal Slip
*Indicates the information is required and if the information is not provided, the contract will be
returned to the department.
Contractor’s Name:
Subject of the Agreement:
M&C Approved by the Council? *Yes No
If so, the M&C must be attached to the contract.
Is this an Amendment to an Existing contract? Yes No
If so, provide the original contract number and the amendment number.
Is the Contract “Permanent”? *Yes No
If unsure, see back page for permanent contract listing.
Is this entire contract Confidential?*Yes No If only specific information is
Confidential, please list what information is Confidential and the page it is located.
Effective Date: Expiration Date:
If different from the approval date.If applicable.
Is a 1295 Form required?* Yes No
*If so, please ensure it is attached to the approving M&C or attached to the contract.
Project Number:If applicable.
*Did you include a Text field on the contract to add the City Secretary Contract (CSC)
number? Yes No
Contracts need to be routed for CSO processing in the following order:
(Approver)
Jannette S. Goodall (Signer)
Allison Tidwell (Form Filler)